2nd Interim Dividend of Rs. 11 For FY25: To Be Paid By April 12; Hold Before March 20?

According to the number of active clients on the NSE, Angel One Limited is the largest retail stock broking business in India. Angel One is a technology-driven financial services firm that offers its customers margin funding, advisory and broking services, and distribution of third-party financial products. The business has developed a number of digital products, including the Angel One mobile app, ARQ Prime, SmartAPI, and Smart Money, which serves over 30 million customers. Following the Board's announcement of the second interim dividend for FY25, Angel One's shares closed Thursday's trading session on the BSE 0.46% down at Rs 1952.85 per share, with a market capitalisation of Rs 17,630.08 Cr.

Angel One Dividend

"This is to inform you that the Board of Directors of the Company by way of circular resolution dated March 13, 2025 approved declaration of 2nd Interim Dividend for the financial year 2024-25 at the rate of Rs. 11.00/- per equity share of face value of Rs. 10 per share of the Company. Further, as already intimated, the record date for determining the eligibility of shareholders for payment of the said interim dividend, as declared by the Board shall be Thursday, March 20, 2025. The dividend shall be paid on or before April 12, 2025 to those members, whose names appear on the Register of Members or in records of depositories as beneficial owners of the shares as on Thursday, March 20, 2025, which is the record date fixed for the purpose," said Angel One in a stock exchange filing.

Angel One Dividend Record Date

"The Company hereby intimates and requests the noting of the record date for the purpose of ascertaining the eligibility of shareholders for payment of 2nd Interim Dividend for Financial year 2024-25 as Thursday, March 20, 2025," Angel One confirmed in a regulatory filing.

Angel One News

The onboarding of Rohit Chatter as Chief Data Officer (CDO) was announced by Angel One Limited on Saturday, March 15. Rohit was the Chief Software Architect at Walmart Global Tech before joining Angel One.

Rohit Chatter, Chief Data Officer, Angel One Limited, said, "Angel One is revolutionizing the financial services industry with its AI-first approach and I am excited to be part of this dynamic team. AI and data science are shaping the future of investing and my focus will be on enhancing Angel One's platforms with automation, predictive analytics and intelligent insights that empower investors across India. The potential to innovate and scale AI-led financial solutions at Angel One is immense and I look forward to this journey."

Dinesh Thakkar, Chairman and Managing Director, Angel One Limited, said, "At Angel One, we are not just embracing the future of FinTech-we are building it. Data is the foundation of this revolution and Rohit's unparalleled expertise in AI, cloud platforms and data science will be a game-changer in redefining digital investing. With his leadership, we will push the boundaries of innovation, deliver hyper-personalized experiences and empower millions with smarter financial solutions. We are thrilled to have him on board as we accelerate our growth journey."

Angel One Share Price Target

Mandar Bhojane - Equity Research Analyst at Choice Broking said, "ANGELONE stock has been in a consistent downtrend, forming a lower low and lower high pattern, indicating sustained bearish momentum Currently priced around ₹1953.5. Recent price action suggests a downward trend, with no signs of immediate recovery. Moderate trading volumes further affirm cautious market sentiment, as traders await clearer direction."

"The daily chart of ANGELONE shows a pattern of lower highs and lower lows, indicating that every small rally has faced selling pressure, preventing the stock from breaking key resistance levels. Currently, ANGELONE is trading below its major moving averages-the 20-day, 50-day, and 100-day EMAs-which signals a bearish trend. For a potential reversal, the stock needs to close above the 20-day EMA, which would be a positive sign. A move above the 50-day EMA would further confirm strength. However, if ANGELONE remains below these levels, it may continue to struggle and face resistance in moving higher," Mandar Bhojane added.

"A breach below ₹1940 level, corresponding to the new 52-Week Low, confirms bearish dominance, increasing the likelihood of testing the ₹1800 support zone which indicates The 200-day EMA as the next critical support level on the Weekly charts. But if it breaks above the resistance at the 20-day and 50-day EMAs, it might move toward ₹2400, which would be a stronger recovery sign," the analyst commented.

"Overall, the technical structure remains weak, and investors should remain cautious until a clear reversal pattern emerges especially if broader market conditions remain unfavourable. A suggested stop loss (SL) could be placed at ₹1800 to limit downside risk, while the target is set at ₹2400, for further movement," Mandar Bhojane further stated.

Disclaimer

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